Cost Accountant

Siemens Energy; Richland (MS); On-site; USD 55,000 - 85,000; Full time

Benefits offered by this job

Career growth

Health benefits

Paid time off

401K match

Family building benefits

Parental leave

Job summary

Siemens Energy in Richland, Mississippi seeks a Cost Accountant to analyze inventory, production costs, and financial results, driving actionable insights for costing accuracy and operational efficiency. You will partner with Operations, Production, Supply Chain, and Finance to ensure robust costing and forecasting.

The role relies on SAP, Excel, and analytics tools like Alteryx and Tableau to automate reporting and support audits.

Qualifications

• Bachelor's degree in Accounting, Business Administration with an Accounting emphasis, Finance, or a related field.
• 2–4 years of experience in cost accounting, manufacturing accounting, financial analysis, or a related finance role within a manufacturing or industrial environment.
• Strong knowledge of cost accounting principles, inventory accounting, manufacturing costing, financial reporting, forecasting, and ERP systems; experience with SAP preferred.
• Advanced Microsoft Excel skills required; experience with or willingness to learn digital reporting and analytics tools such as Alteryx and Tableau.
• Strong analytical, communication, organizational, and problem-solving skills with the ability to collaborate across cross‑functional teams, manage multiple priorities, and meet deadlines in a fast‑paced environment.
• Applicants must be legally authorized for employment in the United States without need for current or future employer-sponsored work authorization. Siemens Energy employees with current visa sponsorship may be eligible for internal transfers.

Responsibilities

• Prepare timely financial reports, forecasts, and cost analyses by monitoring inventory and production variances.
• Maintain product costing in SAP and assist with annual cost roll and inventory valuation.
• Collaborate with Operations, Production, Supply Chain, and Finance to improve manufacturing reporting.
• Provide ad hoc analyses for plant leadership and audits; ensure compliance with standards and controls.
• Leverage SAP, Alteryx, Tableau, and Excel to automate reporting and improve data visibility.
• Identify opportunities to improve costing processes and inventory controls.

Skills

Cost accounting

Inventory accounting

Manufacturing costing

Financial reporting

Forecasting

SAP

Advanced Excel

Education

Bachelor's degree in Accounting

Tools

SAP

Alteryx

Tableau

Job description

A Snapshot of Your Day

As a Cost Accountant, you will play a key role in supporting the financial performance of a fast-paced manufacturing operation by analyzing inventory, production costs, and financial results to provide actionable insights for business decisions. You will collaborate with Operations, Production, Supply Chain, and Finance teams to ensure accurate product costing, inventory valuation, financial reporting, and forecasting. Your work will help identify risks, improve financial transparency, and drive operational efficiency while ensuring compliance with accounting standards and company policies.

How You'll Make An Impact

• Prepare accurate and timely financial reporting, forecasts, and cost analyses by monitoring inventory balances, production orders, production variances, and other key financial metrics to support business decision-making
• Maintain product costing within SAP, support the annual cost roll process, and analyze material costs, inventory valuation, excess and slow-moving inventory, and manufacturing variances to identify financial risks and improvement opportunities
• Partner with Operations, Production, Supply Chain, and Finance teams to provide financial guidance, investigate cost variances, and improve the accuracy of manufacturing and inventory reporting
• Prepare ad hoc financial reports and analyses for plant leadership, U.S. and global headquarters, while supporting internal and external audit requests and ensuring compliance with accounting standards and internal controls
• Leverage digital reporting and analytics tools, including SAP, Alteryx, Tableau, and Microsoft Excel, to automate reporting, improve data visibility, and support continuous process improvements across the finance organization
• Drive financial accuracy and operational excellence by identifying opportunities to improve costing processes, reporting capabilities, inventory controls, and overall financial performance

What You Bring

• Bachelor\'s degree in Accounting, Business Administration with an Accounting emphasis, Finance, or a related field
• 2–4 years of experience in cost accounting, manufacturing accounting, financial analysis, or a related finance role within a manufacturing or industrial environment
• Strong knowledge of cost accounting principles, inventory accounting, manufacturing costing, financial reporting, forecasting, and ERP systems; experience with SAP preferred
• Advanced Microsoft Excel skills required; experience with or willingness to learn digital reporting and analytics tools such as Alteryx and Tableau
• Strong analytical, communication, organizational, and problem-solving skills with the ability to collaborate across cross‑functional teams, manage multiple priorities, and meet deadlines in a fast‑paced environment
• Applicants must be legally authorized for employment in the United States without need for current or future employer-sponsored work authorization. Siemens Energy employees with current visa sponsorship may be eligible for internal transfers.

About The Team

Grid Technologies

Our Grid Technology division enables a reliable, sustainable, and digital grid. The power grid is the backbone of the energy transition. Siemens Energy offers a leading portfolio and solutions in HVDC transmission, grid stabilization and storage, high voltage switchgears and transformers, and digital grid technology.

Who is Siemens Energy?

At Siemens Energy, we are more than just an energy technology company. With ~100,000 dedicated employees in more than 90 countries, we develop the energy systems of the future, ensuring that the growing energy demand of the global community is met reliably and sustainably. The technologies created in our research departments and factories drive the energy transition and provide the base for one sixth of the world\'s electricity generation.

Our global team is committed to making sustainable, reliable, and affordable energy a reality by pushing the boundaries of what is possible. We uphold a 150-year legacy of innovation that encourages our search for people who will support our focus on decarbonization, new technologies, and energy transformation.

Find out how you can make a difference at Siemens Energy: https://www.siemens-energy.com/employeevideo

Rewards

• Career growth and development opportunities; supportive work culture
• Company paid Health and wellness benefits
• Paid Time Off and paid holidays
• 401K savings plan with company match
• Family building benefits
• Parental leave